HOW TO GET IT
◾If your console is in Instant-On mode, it will download and install the update and reboot to standby.
◾NOTE: Once the update is available, you can manually begin the update by navigating to Settings > System and selecting System Update.
◾If your console hasn’t downloaded and installed the update by 1:00AM PDT 8/5/2014, you will be prompted to do so the next time you start your console.
DETAILS
OS version released: xb_rel_1408.140801-2200
Available: 7PM PDT 8/3 (3AM GMT 8/4)
Fixes in this update:
◾Multiple items in download queue may increase Energy-saving boot times. This issue has been resolved.
KNOWN ISSUES
◾Some users may notice frequent "<Friend> is online" notifications from friends. We're aware of an issue some participants have reported with friends appearing to constantly sign in. The team is investigating and working on a fix for a future update.